Libya vs South America: Merchandise trade as a proportion of GDP
Libya
98.1%
in 2024
South America
31.8%
in 2024
Libya rank
32nd
South America rank
31st
Merchandise trade as a proportion of GDP over time
- Libya
- South America
How they compare
Libya currently reports 98.1% against 31.8% in South America, a difference of 66.3%.
That makes Libya's figure about 3.1 times South America's.
Across all 25 years both countries report, Libya has been ahead every year.
Libya ranks 32nd and South America ranks 31st of 218 countries.
Libya has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Libya | South America | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 53.3% | 29.4% | 23.8% | Libya |
| 2010s | 74.0% | 27.1% | 46.9% | Libya |
| 2020s | 102.9% | 33.2% | 69.7% | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Libya or South America?
- Libya, at 98.1% against 31.8% in South America as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Libya and South America?
- 66.3%, with Libya ahead.
- How many years of comparable data are there for Libya and South America?
- 25 years are reported by both, from 2000 to 2024.
- How do Libya and South America rank globally for merchandise trade as a proportion of gdp?
- Libya ranks 32nd and South America ranks 31st of 218 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Merchandise trade as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.